Pre adjusted cocktail power: Ruiao parent company Bairun shares’ revenue and net profit double growth

On March 31, Ruiao’s parent company, Shanghai Bairun Investment Holding Group Co., Ltd. (hereinafter referred to as “Bairun shares”), released its 2020 performance express and 2021 first quarter report. According to the 2020 performance express, Bairun shares achieved a revenue of 1.927 billion yuan in 2020, a year-on-year increase of 31.2%. The net profit was 536 million yuan, a year-on-year increase of 78.36%.

Our main business includes flavour and fragrance business and pre cocktail business (including gas and water business). According to the announcement, in 2020, Bairun shares will achieve a main business income of 1.712 billion yuan, a year-on-year increase of 33.82%, and a net profit of 400 million yuan, a year-on-year increase of 86.94%. Through the data, it is not difficult to find that the preset cocktail plate occupies an important position.

According to the performance forecast of Bairun in the first quarter of 2021, as of March 31, the net profit of Bairun was about 123 million yuan to 136 million yuan, an increase of 100% – 120% over the same period of last year. In the trailer, beery shares said that the sharp increase in net profit was mainly due to the rapid growth of the company’s pre cocktail business and the sales of flavors and fragrances, and the corresponding increase in operating profit and net profit.

Beijing Business News (reporter Zhao Fengrui)

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